This Combined Financial Report provides financial information on the Federal Home Loan Banks.
Investors should use this home loan lendershome loan calculator Combined Financial Report with other information provided by theFederal Home Loan Banks when considering whether or not to purchase Federal Home Loan Bankconsolidated bonds and consolidated usda home loan discount notes (collectively referred to as consolidated obligations).
Consolidated obligations are the joint and several obligations of all Federal Home Loan Banks, even
though each Federal Home Loan Bank is a separately home equity loan chartered entity with its own board of directors
and management. This means that each individual Federal Home Loan Bank is responsible for the
payment of principal and interest on all best home loan rates getting a home loan
consolidated obligations issued by the Federal Home Loan
Banks. There is no centralized, system-wide management or oversight by a single board of directors
of the Federal Home Loan Banks.
Federal Home Loan Bank consolidated obligations are not obligations of the United States and
are not guaranteed by either the United States or home loan refinance any government agency.
The Securities Act of 1933, as amended, does not require home loans the registration of consolidated
obligations; therefore, no registration statement apply for home loan has been filed with the U.S. Securities and
Exchange Commission. Neither the U.S. Securities and Exchange Commission, nor the Federal
Housing Finance Agency, nor any state securities commission has approved or disapproved of
these securities or determined if this report is truthful or complete.
Carefully consider the risk factors provided in this Combined Financial Report. Neither the
Combined Financial Report nor any offering material provided on behalf of the Federal Home Loan
Banks describes all the risks of investing in Federal Home Loan Bank consolidated obligations.
Investors should consult with their financial and legal advisors about the risks of investing in these
This Combined Financial Report is available on the Federal Home Loan Banks Office of Finance
web site at www.fhlb-of.com. This web site address is provided as a matter of convenience only,
and its contents are not made part of this report and are not intended to be incorporated by
reference into this report.
Investors should direct questions about Federal Home Loan Bank consolidated obligations or the
Combined Financial Report to the Federal Home Loan Banks Office of Finance at (703) 467-3600.